Math Problem Statement

The total interest earned after 1 year when Php 100,000 is invested, part of 6% annual interest rate and the remaining part at 7.5% annual interest rate

Solution

To solve this problem, we need to determine how much of the Php 100,000 is invested at 6% and how much is invested at 7.5% in order to calculate the total interest earned after 1 year.

Let's denote:

  • xx as the amount invested at 6% annual interest.
  • yy as the amount invested at 7.5% annual interest.

We know the following:

  1. x+y=100,000x + y = 100,000 (the total investment).
  2. The total interest earned from both investments after 1 year can be calculated as: Interest=0.06x+0.075y\text{Interest} = 0.06x + 0.075y

However, without knowing the specific amounts xx and yy, we cannot calculate the exact interest earned. If you have more details, like the interest earned or the proportion of the investment in each rate, I can provide a more precise answer.

If the problem is looking for a formula or expression for the total interest earned based on xx, it would be:

Total Interest=0.06x+0.075(100,000x)\text{Total Interest} = 0.06x + 0.075(100,000 - x)

This simplifies to:

Total Interest=0.06x+7,5000.075x=0.015x+7,500\text{Total Interest} = 0.06x + 7,500 - 0.075x = -0.015x + 7,500

So, the total interest is dependent on how